Electricity Amendment Bill to be introduced in Parliament on Monday
The Electricity Amendment Bill, to be introduced in Parliament on Monday, proposes radical changes in the power distribution sector, the weakest link, by enabling competition, strengthening payment security and more muscles to regulatory commissions.
The Bill, cleared by the Union Cabinet last Wednesday, enables competition in retail distribution of power by allowing use of other distribution licensee’s network. Also, if a regulatory commission fails in deciding on grant of distribution licence within specified time, the application will be deemed to have been accepted, the sources said.
